Hiển thị các bài đăng có nhãn Business. Hiển thị tất cả bài đăng
Hiển thị các bài đăng có nhãn Business. Hiển thị tất cả bài đăng

Thứ Năm, 9 tháng 5, 2013

30th Annual Congressional Awards Reception Honors Members of Congress and Small Business Owners

WASHINGTON, May 9, 2013 /PRNewswire-USNewswire/ -- The Small Business Council of America (SBCA), a national nonprofit organization representing the interests of privately-held and family-owned organizations on tax, employee benefit and health care matters, held its 30th annual Congressional Awards Reception on May 8, 2013 at the U.S. Capitol.

Senator Mary Landrieu received the Special Congressional Appreciation Award in recognition of her small business leadership in the Senate. As Chairwoman of the Senate Committee on Small Business and Entrepreneurship, Senator Landrieu demonstrates a deep understanding of the issues facing small businesses and their owners and effectively works to solve those problems.  

Senator Rob Portman received the Special Congressional Appreciation Award in recognition of his willingness to tackle difficult and technical tax and employee benefit issues as a member of the Senate Finance Committee. During his tenure in the House of Representatives, Senator Portman was also instrumental in shoring up the qualified retirement plan system to make it work in the small business context. 

Congressman Dave Camp received the Congressional Award for his commitment to comprehensive tax reform. As Chairman of the House Committee on Ways and Means, Congressman Camp has been committed to engaging stakeholders like the SBCA in the tax reform process. 

Jordan Wagner of Los Angeles, California, received the Humanitarian of the Year Award in recognition of his work as Executive Director of Generosity Water. Generosity Water works to fund and oversee the establishment of clean and renewable water sources in developing countries. "What makes Jordan special is that at such a young age, he has learned the importance of helping others in need," said Neil Carrey, SBCA Director and founder of the Humanitarian Award. 

Anthony Sblendorio of Basking Ridge, New Jersey, received the Small Business of the Year Award in recognition of the remarkable success of his company Back to Nature Home and Garden as a leader in ecologically sustainable landscape architecture.  Since its founding, Back to Nature has grown into a multi-faceted company that is behind some of the most innovative projects in New Jersey.  "What I find unique about Anthony is his steadfast desire to educate society about the importance of ecology," wrote Governor David Patterson.

SOURCE Small Business Council of America


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Thứ Sáu, 3 tháng 5, 2013

Obama blesses Mexican security plan, eyes deeper business ties

By Mark Felsenthal and Steve Holland

MEXICO CITY (Reuters) - U.S. President Barack Obama gave his blessing on Thursday to a new security arrangement with Mexican leader Enrique Pena Nieto, in which Mexico will make reducing violence a priority over hunting drug cartel kingpins in the war against organized crime.

The two presidents said they also want to step up trade and business ties that have been overshadowed by the battle against drug trafficking.

"It is obviously up to the Mexican people to determine their security structures and how it engages with other nations including the United States," Obama said at a joint press conference with Pena Nieto.

At the start of a two-day visit to Mexico, Obama sought to draw attention to the emerging might of Latin America's No.2 economy, even as worries about containing drug-trafficking and related violence remained an inescapable subtext.

The two leaders pledged to begin holding cabinet level meetings focused on boosting business between the two countries and to expand educational changes. The first high-level meeting is set for the fall.

The U.S. president pledged support for Pena Nieto's new policy of restricting contacts with the United States on drugs and drug-related violence to a single point, Mexico's Ministry of the Interior. He acknowledged that the United States can play a role with its own domestic policies.

"We look forward to continuing our good cooperation in any way," he said. "I also reaffirmed our determination in the United States to meet our responsibilities to reduce the demand for illegal drugs and to combat the southbound flow of illegal guns and cash."

Mexico's new "single-door" policy would be an abrupt change from the wide latitude the U.S. government enjoyed in working with Mexican officials across agencies under Pena Nieto's predecessor, Felipe Calderon.

The change has raised questions about Mexico's commitment to combating drug trafficking and drug-related violence.

Pena Nieto plans to shift the weight of combating organized crime from the military onto a new militarized police force, but has made few concrete changes so far, instead seeking to focus public attention on the economy rather than violence.

The Mexican government has said that killings linked to organized crime fell 14 percent in the first four months of Pena Nieto's presidency, but 4,249 people still were killed during that period.

More than 70,000 people are estimated to have been killed in drug violence in Mexico since 2007, and gang-style murders continue to provide lurid headlines.

Some question whether Calderon's aggressive policies, which focused on eradicating gang leaders, has been successful or whether it has generated additional violence as rival factions vie for control of turf.

Pena Nieto said his approach will emphasize reducing bloodshed and will operate more smoothly.

"Under this new strategy, what we are trying to do is put in order, institutionalize the security cooperation we have today with the United States, and establish clear and singular channels to help us be more efficient and achieve better results," Pena Nieto said in Spanish.

RIGHTS WORRIES

In a letter to Obama ahead of his visit, rights group Human Rights Watch urged him to review the United States' public security approach with Mexico, rapping his administration for offering "uncritical support" for Calderon's policies and citing a "dramatic increase" in rights abuses.

Both Obama and Pena Nieto have said they want the visit to focus on economic issues rather than security. Pena Nieto is eager to underscore Mexico's recent run of solid economic growth, fueled in part by its increasing attractiveness as a manufacturing hub.

The leaders pledged to conclude a trade agreement with Asia-Pacific nations, the Trans-Pacific Partnership, by the end of the year.

By highlighting Mexico's progress in moving up the economic ladder, Obama is also emphasizing that his own domestic goal of reforming U.S. immigration laws will not promote an exodus of Mexicans into the United States.

"Part of what we discussed is the importance of getting it done, precisely because we do so much business between our two countries," he said, referring to immigration reform that has drawn bipartisan support in Washington. "If we're going to get that done, now's the time to do it."

The two presidents at their meeting discussed a much publicized energy agreement that would remove obstacles to expanding deepwater drilling for oil in the Gulf of Mexico. They said in a joint statement that they looked forward to implementation of the deal.

The United States has yet to finalize the deal, known as the Transboundary Hydrocarbons Agreement, which provides guidelines for drilling in an area of the Gulf that straddles the U.S.-Mexican boundary.

The deal is seen as the key to opening a new era of cooperation on oil production between the two countries. Mexico's state-owned oil company Pemex needs technology and investment to boost its stagnant production, and U.S. companies are eager to help.

(Editing by Simon Gardner and Paul Simao)


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Chủ Nhật, 28 tháng 4, 2013

Senator Paul stirs business ire over blocking of tax treaties

By Patrick Temple-West

WASHINGTON (Reuters) - Senator Rand Paul is coming under pressure from some multi-national businesses to drop his opposition to tax treaties between the United States and other nations.

Citing privacy concerns about Americans' tax data, Paul, a Republican and libertarian, has single-handedly blocked Senate action on treaties with Hungary, Switzerland and Luxembourg that have been signed by authorities on both sides, but have been awaiting Senate review since 2011.

At least six other tax treaties or treaty updates -- with Chile, Spain, Poland, Japan, Norway and Britain -- may soon be added to the Senate's queue for confirmation votes.

Major U.S. businesses such as IBM Corp and Fluor Corp are lobbying for Senate action on tax treaties, according to Senate lobbying disclosure documents.

"How many treaties will be held hostage?" asked Cathy Schultz, a lobbyist for the National Foreign Trade Council, a Washington, D.C.-based group that represents companies such as Caterpillar Inc and Pfizer Inc.

Paul has said he is concerned that recent treaties would give foreign governments too much access to U.S. citizens' tax information, a stance that has some support among like-minded conservative libertarians.

"Rand Paul is not a typical senator who may bend over to business lobbyists," said Chris Edwards, director of tax policy at The Cato Institute, a libertarian think tank.

"I am very concerned about this increasingly aggressive international exchange of information," Edwards said.

NO APPROVALS SINCE 2010

No new tax treaties or treaty updates have been approved since 2010, when Paul was elected as the junior senator from Kentucky on a wave of support for Tea Party-aligned Republicans.

Paul recently declined to answer questions from a reporter in a Capitol hallway about the "hold" he has placed on the treaties. Under Senate rules, one senator can prevent a motion from reaching a vote on the Senate floor.

Paul's staff did not reply to repeated requests for comment.

"There's never really been an objection of this sort and a hold that's gone on this long," said Nancy McLernon, president of the Organization for International Investment, which lobbies in Washington on behalf of foreign companies.

In an effort to sway the senator, McLernon said her group would be lobbying both parties to draw attention to the tax treaties. "Let's stop with the self-inflicted wounds," she said.

The United States has tax treaties with more than 60 countries, ranging from China to Kyrgyzstan.

The agreements previously have routinely won Senate approval with little controversy and accomplished their main purpose of preventing double-taxation of income and profits.

In recent years, tax treaties have begun to play an increasing role in efforts by the United States and major European Union countries to crack down on tax avoidance.

The U.S. Treasury in 2012 began signing new tax pacts with countries as part of implementation of the U.S. Foreign Account Tax Compliance Act, a 2010 anti-tax-evasion law.

The law, known as FATCA, which takes effect in January 2014, will require foreign financial institutions to disclose to the United States information about Americans' accounts worth more than $50,000.

SWISS A DRIVING FORCE

Switzerland, a long-time bastion of banking secrecy, is under international pressure to change its ways, and FATCA has been a driving force in that. The United States and Switzerland in February signed a FATCA implementation agreement that would make more information available to U.S. authorities about the financial interests of Americans in Switzerland.

But the taxpayer information exchange cannot go into force without Senate approval of the U.S.-Swiss tax treaty.

The Senate's delayed action on tax treaties could convince other countries to stop negotiating with the United States on tax matters, said John Harrington, a former Treasury tax official who is now a partner at law firm SNR Denton.

Paul, seen as a possible 2016 presidential contender, has taken a position that sets up a clash of traditional Republican interest groups: big business and libertarian ideologues.

In this sense, Paul is in the forefront of the party's search for a new identity since Republicans lost the presidential race last year, as well as numerous seats in the House of Representatives.

Looking toward a possible 2016 White House bid, Paul told reporters earlier this month that he will visit early-voting states this year and make a final decision next year.

New Republicans such as Paul are shifting the party away from its business-first agenda, said Dan Holler, communications director for Heritage Action, a conservative group.

"The party is not being reflexively pro-business," he said.

(Reporting by Patrick Temple-West; Editing by Kevin Drawbaugh and Leslie Adler)


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Thứ Hai, 15 tháng 4, 2013

Texas Governor Perry calls for tax cuts for business

By Corrie MacLaggan

AUSTIN, Texas (Reuters) - Texas Governor Rick Perry on Monday called for nearly $1.6 billion in tax cuts for businesses over two years.

"This is about making Texas be more competitive," Perry said at a Tax Day press conference at the Austin Chamber of Commerce.

The proposal, which would require legislative action, would affect about 100,000 large and small businesses, the Republican governor said. It would be paid for from the state's general revenue fund or possibly the rainy-day fund, Perry's office said.

The plan calls for cutting the business franchise tax rate by 5 percent, providing a $1 million deduction for businesses with revenue up to $20 million, giving companies moving to Texas a one-time deduction for moving expenses and lowering the rate for businesses that file using an electronic system.

The governor had called for "tax relief" at the start of the legislative session that began in January and ends in May, but he did not offer specifics at that time.

"States that compete with us, our neighbors, they're not sitting on their laurels," Perry said on Monday.

He pointed out that Governor Bobby Jindal of neighboring Louisiana is seeking to remove personal income tax in his state.

But Jindal's proposal - which sought to make Louisiana more competitive with no-income-tax states such as Texas - appeared dead on Monday, after a key committee chairman declined to hold hearings on proposals aimed at accomplishing Jindal's goal.

Jindal, a possible 2016 Republican presidential candidate, had bowed to widespread public discomfort and "parked" his proposal when the Legislature convened last week. Instead, he called on lawmakers to pass their own plan.

On Monday, Louisiana House Ways and Means Committee Chairman Joel Robideaux, a Lafayette Republican, acknowledged that the support was not there, saying that unless the authors insist, "we should indefinitely defer consideration of these bills."

Jindal said afterward that he hoped lawmakers might still change their minds.

Also on Monday, Perry announced that he was buying ads in business publications in Chicago, urging companies there to relocate to Texas. The $38,450 ad buy will be paid for by TexasOne, the state's nonprofit economic development organization.

Earlier this year, Perry used radio ads to try to lure California businesses to Texas, prompting California Governor Jerry Brown to say that $24,000 effort was "barely a fart."

"Get Out While There's Still Time," says a Texas ad on the website of Crain's Chicago Business that features an emergency exit door.

Illinois is facing a financial crisis. The state legislature is considering proposals to cut pensions for retired state and local workers. The state has the lowest credit rating of any state analyzed by major debt rating agencies.

(Reporting by Corrie MacLaggan; Additional reporting by Stephanie Grace; Editing by Jan Paschal)


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Thứ Sáu, 29 tháng 3, 2013

Business, labor close on deal for immigration bill

WASHINGTON (AP) — Big business and major labor unions appeared ready Friday to end a fight over a new low-skilled worker program that had threatened to upend negotiations on a sweeping immigration bill in the Senate providing a pathway to citizenship for 11 million immigrants already in the U.S.

Sen. Chuck Schumer, D-N.Y., who's been brokering talks between the AFL-CIO and the Chamber of Commerce, said in a statement that negotiators are "very close, closer than we have ever been, and we are very optimistic." He said there were still a few issues remaining.

The talks stalled late last week amid a dispute over wages for workers in the new program, and senators left town for a two-week recess with the issue in limbo. Finger-pointing erupted between the AFL-CIO and the chamber, with each side accusing the other of trying to sink immigration reform, leaving prospects for a resolution unclear.

But talks resumed this week, and now officials from both sides indicate the wage issue has been largely resolved. An agreement would likely clear the way for a bipartisan group of senators to unveil legislation the week of April 8 to dramatically overhaul the U.S. immigration system, strengthening the border and cracking down on employers as well as remaking the legal immigration system while providing a path to citizenship for 11 million illegal immigrants already in the U.S.

"We're feeling very optimistic on immigration: Aspiring Americans will receive the road map to citizenship they deserve and we can modernize 'future flow' without reducing wages for any local workers, regardless of what papers they carry," AFL-CIO spokesman Jeff Hauser said in a statement. "Future flow" refers to future arrivals of legal immigrants.

Under the emerging agreement, a new "W'' visa program would bring tens of thousands lower-skilled workers a year to the country. The program would be capped at 200,000 a year, but the number of visas would fluctuate, depending on unemployment rates, job openings, employer demand and data collected by a new federal bureau pushed by the labor movement as an objective monitor of the market.

The workers would be able to change jobs and could seek permanent residency. Under current temporary worker programs, workers can't move from employer to employer and have no path to permanent U.S. residence and citizenship.

The new visas would cover dozens of professions such as long-term care workers and hotel and hospitality employees. Currently there's no good way for employers to bring many such workers to the U.S.; an existing visa program for low-wage nonagricultural workers is capped at 66,000 per year and is supposed to apply only to seasonal or temporary jobs.

The Chamber of Commerce said workers would get paid actual wages paid to American workers or the prevailing wages for the industry they're working in, whichever is higher. The Labor Department determines prevailing wage based on rates prevailing in specific localities, so that it would vary from city to city.

The labor organization had accused the chamber of trying to pay workers in the new program poverty-level wages, something the chamber disputed.

There was also disagreement about how to deal with certain higher-skilled construction jobs, such as electricians and welders, and it appears those will be excluded from the deal, said Geoff Burr, vice president of federal affairs at Associated Builders and Contractors. Burr said his group opposes such an exclusion because, even though unemployment in the construction industry is high right now, at times when it is low there can be labor shortages in high-skilled trades and contractors want to be able to bring in foreign workers. But unions pressed for the exclusion, Burr said.

The low-skilled worker issue had loomed for weeks as perhaps the toughest matter to settle in monthslong closed-door talks on immigration among Schumer and seven other senators, including Republicans John McCain of Arizona and Marco Rubio of Florida. The issue helped sink the last major attempt at immigration reform in 2007, when the legislation foundered on the Senate floor after an amendment was added to end a temporary worker program after five years, threatening a key priority of the business community.

The amendment passed by just one vote, 49-48. President Barack Obama, a senator at the time, joined in the narrow majority voting to end the program after five years.

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Follow Erica Werner on Twitter: https://twitter.com/ericawerner


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